Hi all. I am considering going bankrupt, and have downloaded the forms requested. I am unsure what I should answer on from 6.28 (Debtors petition - statement of affairs form) on question 1.17 - it asks: "Are you or in the last 5 years have you been a director or involved in the management of a company? yes or no?" Now, I have been running a very small company as a Sole trader for the previous 2 years, and actually have a 2k overdraft debt with the bank (lloyds) who sold it to a Debt collector. I was not reg'd for VAT (way too small, or with companies house, ditto and kept no books - ditto) it was just small small time. But I was a sole trader. In this instance what do I answer? I know I was not a director, but does being a sole trader mean I was involved in the management of a company? (sorry if being thick, just want to be sure). - the next question they ask is about being self employed in the last two years, so thought this was more meant for me? At the same time, after bankruptcy are you aloud to become a sole trader again? or is that again restricted for the year? or is that just being a director?? Any help and advice very much appreciated. Jenny

Dear All, First, thanks you for sharing; there is a feeling of belonging here! I have read some threads but i have such a long way to go. Background: -I have >£11K debt (inclusive of about £2.5K Personal O/D, £2.5K Biz CC, £0.5K Personal CC, £3K+ uni 'debt', rent, Council Tax). -Not had much going on work-wise and self employed biz lately, so fallen behind on payments. -Making smaller payment to Council, and rent plan in place with landlord. -I am behind on 2 biz CC payments and O/D withdrawn after going over the limit a couple of times (now full payment demanded). -Uni 'debt' has an internal settlement arrangement but account passed on to DCA last year; guess they were done with my ' i am in financial difficulties' mantra! -About £12K in Assets. - Personal A/C is an Advantage Gold (which i have never benefited from but somehow thought it helped my O/D), and biz Current A/C is ok except for limited inflows. After a DIY Income and Expenditure Assessment, i 'see' there is no surplus to keep up CC minimum payments and pay off O/D until i can raise income; which i am hopeful will happen next year but have no proof i can offer creditors yet. Having read the CAG forums and elsewhere thus far, i thought a DIY DMP would do me good ; giving some control of how my debt affairs develop. I am just quite confused and overwhelmed where to start, especially with the bank CC and O/D monies. Queries: -Any chance the bank can consider freezing interests, charges and/or holding off repayments for a couple of months (with very small payments) when i have no surplus to even make the minimum payments? -Can i additionally explore possible PPI and other charge claims that could somewhat lower amounts (although i am not sure any were applied to the accounts and O/D)? -Is it possible to cancel the Advantage Gold service with ease in my circumstance, and anything i could claim back? - I have to ask DCA to return debt handling to the Uni (had made a tiny payment to get some peace from DCA but can't afford more for now). Is this possible? -If i made a SAR on the accounts and CC for details held, would they think i am starting to act 'funny'? -Bankruptcy possibilities, i am i worrying too early about that? Should i consider selling of my assets sooner than later? Am i actually going the right way with this? Quite confused to be honest. Thank you for reading, your comments are much appreciated. In2Debt